Mortgage Applications Declined 8.9% in Week Ending January 30

Washington, DC, February 4, 2026-Mortgage applications decreased 8.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 30, 2026. Last week’s results included an adjustment for the Martin Luther King Jr. Holiday.

The Market Composite Index, a measure of mortgage loan application volume, decreased 8.9% on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 4% compared with the previous week. The Refinance Index decreased 5% from the previous week and was 117% higher than the same week one year ago. The seasonally adjusted Purchase Index decreased 14% from one week earlier. The unadjusted Purchase Index increased 2% compared with the previous week and was 4% higher than the same week one year ago.